Invesco Euro (Germany) Market Value
| IUGZ Fund | EUR 18.80 0.02 0.11% |
| Symbol | Invesco |
Please note, there is a significant difference between Invesco Euro's value and its price as these two are different measures arrived at by different means. Investors typically determine if Invesco Euro is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Invesco Euro's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
Invesco Euro 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Invesco Euro's fund what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Invesco Euro.
| 11/05/2024 |
| 01/04/2025 |
If you would invest 0.00 in Invesco Euro on November 5, 2024 and sell it all today you would earn a total of 0.00 from holding Invesco Euro Corporate or generate 0.0% return on investment in Invesco Euro over 60 days. Invesco Euro is related to or competes with Esfera Robotics, R Co, IE00B0H4TS55, and Echiquier Entrepreneurs. More
Invesco Euro Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Invesco Euro's fund current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Invesco Euro Corporate upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.2347 | |||
| Information Ratio | (0.05) | |||
| Maximum Drawdown | 1.13 | |||
| Value At Risk | (0.37) | |||
| Potential Upside | 0.3741 |
Invesco Euro Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Invesco Euro's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Invesco Euro's standard deviation. In reality, there are many statistical measures that can use Invesco Euro historical prices to predict the future Invesco Euro's volatility.| Risk Adjusted Performance | 0.0147 | |||
| Jensen Alpha | 0.0025 | |||
| Total Risk Alpha | (0) | |||
| Sortino Ratio | (0.05) | |||
| Treynor Ratio | (0.01) |
Invesco Euro Corporate Backtested Returns
At this point, Invesco Euro is very steady. Invesco Euro Corporate holds Efficiency (Sharpe) Ratio of 0.0504, which attests that the entity had a 0.0504% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Invesco Euro Corporate, which you can use to evaluate the volatility of the entity. Please check out Invesco Euro's insignificant Market Risk Adjusted Performance, risk adjusted performance of 0.0147, and Downside Deviation of 0.2347 to validate if the risk estimate we provide is consistent with the expected return of 0.0113%. The fund retains a Market Volatility (i.e., Beta) of -0.0994, which attests to not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Invesco Euro are expected to decrease at a much lower rate. During the bear market, Invesco Euro is likely to outperform the market.
Auto-correlation | -0.59 |
Good reverse predictability
Invesco Euro Corporate has good reverse predictability. Overlapping area represents the amount of predictability between Invesco Euro time series from 5th of November 2024 to 5th of December 2024 and 5th of December 2024 to 4th of January 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Invesco Euro Corporate price movement. The serial correlation of -0.59 indicates that roughly 59.0% of current Invesco Euro price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.59 | |
| Spearman Rank Test | -0.59 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Invesco Euro Corporate lagged returns against current returns
Autocorrelation, which is Invesco Euro fund's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Invesco Euro's fund expected returns. We can calculate the autocorrelation of Invesco Euro returns to help us make a trade decision. For example, suppose you find that Invesco Euro has exhibited high autocorrelation historically, and you observe that the fund is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
Invesco Euro regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Invesco Euro fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Invesco Euro fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Invesco Euro fund over time.
Current vs Lagged Prices |
| Timeline |
Invesco Euro Lagged Returns
When evaluating Invesco Euro's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Invesco Euro fund have on its future price. Invesco Euro autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Invesco Euro autocorrelation shows the relationship between Invesco Euro fund current value and its past values and can show if there is a momentum factor associated with investing in Invesco Euro Corporate.
Regressed Prices |
| Timeline |
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Other Information on Investing in Invesco Fund
Invesco Euro financial ratios help investors to determine whether Invesco Fund is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Invesco with respect to the benefits of owning Invesco Euro security.
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